News flash

Most of you will probably not know this till it's splashed on front page on newspapers tomorrow morning.

But it's been announced - SPH suspended trading today. And Channel 5, 8, and Channel u and i are gonna be part of a new joint venture company where mediacorp will hold 80% while SPH holds 20%.

Today and Streats are merging - Mediacorp 60%, SPH 40%...

I know many of you who read this are not gonna understand what this means, esp if you don't live in sg.

But it just basically signals the end of media competition, and the start of a very complicated monopoly involving, ironically, two previously rival media companies.

What is most lamentable, for me at least, is that it doesn't look that I'll be able to go back to TV journalism after graduating. Not unless by some miracle some other TV station, (maybe the BBC? hah) offers me a job.

Am hoping ex-colleagues are not gonna lose their jobs at the station...
after all that trouble setting up the competition... this is regression at its best.